UPI failed transactions: The introduction of the Unified Payments Interface (UPI) has made our daily transactions much easier. Whether we’re shopping at a mall or fueling our vehicles at a petrol pump, we can now make payments online with just a few taps on our smartphones. However, as more people rely on UPI and carry … Read more
Republic Day 2024: As part of the schedule, French President Macron will land in Rajasthan’s Jaipur in the afternoon and then will head towards Amber Fort. Check full time table of the event today. At Hawa Mahal, Emmanuel Macron and PM Modi will shop at local shops, and transactions are likely to be done through … Read more
Home Business UPI To Go Global, You Will Soon Be Able To Make Payments In Dollars; Deets Here This update will open doors for seamless and hassle-free transactions across global borders in respective currencies, according to CNBC Awaaz report. UPI To Go Global, You Will Soon Be Able To Make Payments In Dollars; Deets Here … Read more
Mumbai: In another major push for digital payments in the country, the National Payments Corporation of India (NPCI) on Wednesday launched a slew of new payment options on popular payments platform UPI, including conversational transactions. The announcements were made by Reserve Bank of India (RBI) Governor Shaktikanta Das at the ongoing Global Fintech Festival. The … Read more
Indian banks have received new directives from the Reserve Bank of India (RBI) regarding credit lines on the Unified Payments Interface (UPI), potentially leading to their entry into the buy-now pay-later (BNPL) domain. According to an ET report, the RBI‘s recent instructions mandate banks to facilitate pre-approved credit lines through UPI-based transactions. This development paves … Read more
Unified Payments Interface (UPI) is the real-time payment mechanism. The instant payment system allows users to instantly transfer money to any bank account. Run by the National Payments Corporation of India (NPCI), UPI recently achieved a new milestone. UPI transactions in the month of August crossed 10 billion. Data from NPCI shows that 10.5 billion … Read more